Blog

Landlords try to minimize expenditures as much as possible, so why should you consider performing renovations? As the adage goes, "if it isn't broken, why fix it?" However, renovations can be categorized as additional investments. Experience has shown that properties with more updated renovations attract more interest and inquiries. Knowing this, part of improving the value of your home is to spend on upgrades. Benefits of Renovations Creates market differentiation In a sea of similar property offerings in the market, your rental …

As a property owner, can you relate to this scenario? A tenant has moved out of your rental property and you arrive to inspect the location. You expect to spend a couple of hundred dollars on minor cleaning and touch-ups, such as replacing or repairing worn-out carpets, scuffed walls, aged-looking stovetops and nail holes. Though, the reality you face is weeks of work and thousands of dollars spent on damage repair. There is a point where the tenant's mark on your property leaves the realm of wear-and-tear and becomes an actual damage to the a…

Did you know that 68% of the population own a pet? Allowing pets in your property will open your pool of prospective tenants and increase your income. However, pets can cause damage and lead to greater stress for you and nearby neighbors. So, it is important that you know the pros and cons of renting to a pet-owner in order to make a final informed decision. In this article, State Property Management will guide you through the advantages and disadvantages of renting to pet-owners. We will also offer you tips on how to prevent some of the disadv…

Are you looking to improve the safety of your Orlando rental property? Keeping your investment property safe is important for you and your tenants. If renters feel unsafe in a property, they might start thinking about moving to a new place. As a rental owner, it's important to invest in security improvements. Make it known to your tenants that security is among your top priorities. This will help you enjoy a lower tenant turnover rate and increase renter satisfaction. In this article, we are going to list the top ways you can keep your prop…

You might think that your duties as a landlord are over once a tenant has moved out. But what if you are handed mail addressed to them? Is it okay to throw away the letter or read the contents? Both options should not be taken to avoid facing legal issues. You can forward the letter to the tenant if you have their current address. However, if you don’t have information about their new address, this can be a problem for landlords. This article will guide you on how to manage mail intended for former tenants. It will also offer tips on how to av…